From 200,000 to 1 million overnight, and then back to zero
Today I share with you a real case that happened to our group members, hoping that everyone can learn from it.
Xiao A is a new friend who has just entered the circle this year. Before April, the market was very good, and Xiao A entered this market. Then the good times did not last long. What greeted Xiao A was the 4.13 Shanzhai massacre. Fortunately, Xiao A's position was fine, most of which were spot, and the overall loss was just following the market. However, since April and May were the darkest moments of Shanzhai in the currency circle, Xiao A heard from an oil trader who had added before that he could go to an exchange ranked in the top 30 non-small accounts to play contracts, and he could also open 1,000 times. Under the banner of the main contract and the same trading volume as Binance, Xiao A went.
Because Xiao A was not given a recommendation code or anything, saying that they were all Shanzhai was too passive, and he could use part of the funds to do contracts to hedge risks. Xiao A was a new leek, and he thought it made sense for a while, so he went without thinking too much.
Afterwards, the oil trader took Xiao A to follow several key data from the US, betting on the size of CPI, and told Xiao A that he would give out some sweetness if he made money. Xiao A tasted the sweetness, cleared all the spot positions on Binance, and rushed to the wild chicken exchange for contract trading.
In the wave when the US institutions submitted the follow-up supplementary documents for ETH, the first wave opened a one-third position, bet on the right direction, and then rolled the position all the way, saying that it was 20 and the highest hit 100.
At 4 a.m., it went down, Xiao A thought the market changed, and immediately went short. The subsequent direction was false, and it exploded in the opposite direction. Because he opened the direction according to the position ratio, he didn't even react for a few minutes. The original floating profit and his principal of 200,000 were instantly wiped out.
So far, Xiao A has ended his short crypto career.
Recently, Xiao A has continued to pay attention, saying that he will bring funds into the market again in September or November.
I think the important point is that no matter what kind of person you are in the cryptocurrency circle, for example, although Xiao A met an oil trader, he was actually a killer who was dragged to the pig-killing exchange to play contracts. Therefore, whether you are a new or old leeks, you should be careful. Those who take the initiative to chat privately are all considered scammers.
Next, there is a coin explosion that makes you doubt your life, and I have mentioned it repeatedly in the past few days. I don’t know if the old fans still remember it. Ok, come with bullets!